Ten Of The Least Corrupt Countries In The World

Ten Of The Least Corrupt Countries In The  World

“I will not let anyone walk through my mind with their dirty feet.” Mahatma Gandhi

Corruption is one of the biggest problems in the world. The threat of corruption is always prevalent. Here is the list of the 10 least corrupt countries in the world in order as published by Transparency International.

Denmark almost always ranks first as the country least prone to corruption. Is it that the Danes have a higher moral fiber than other people? Is it something in their genes? Perhaps it is that the Danes have a high degree of trust in other people and in the system. Fair working conditions, social security, health arrangements, decent salaries and pension schemes are among the things that contribute to giving the Danes reasonable living conditions. Anti corruptions strategy is part of the corporate business structure. They aren’t immune to bribery but they have a tradition of  high ethical and moral views of the world.

New Zealand is not categorized by political corruption scandals.   No country has a perfect score and New Zealand has slipped down from first place over the last few years. New Zealand’s reputation for honesty, transparency and justice is a great advantage in conducting international trade and other dealings. It is still the least corrupt country in Asia-Pacific.

Corruption is very low in Finland. Finland consistently ranks in the top four of the Corruption Perception Index. There is a strong anti corruption commitment from their government. The country’s focus on human rights issues and literacy have a high correlation to lower rates of corruption.

Sweden ranks fourth in the World Corruptions Perception Index.  Government agencies have a high degree of transparency, integrity and accountability. The legal system is effective in fighting corruption issues that arise.  According to Forbes magazine it is the best country in the world to do business with. The low-level of corruption is one of the reasons.

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Norway falls behind Sweden and Denmark in corruption but all the Scandinavian countries still rate as the least corrupt countries in the world. Business is conducted with a high level of transparency. Administration corruption and petty bribery are almost non-existent. Bribery, fraud, extortion and money laundering carry a penalty of up to ten years imprisonment. Anti-corruption laws are strongly enforced.

Switzerland has very strong anti-bribery enforcement activities and controls of corruption. The Swiss economy is one of the most competitive and innovative in the world. One of the reasons is because they have a sound regulatory environment.

Singapore has consistently placed well ahead of the other Asian countries in terms of corruption. Singaporeans expect and demand a clean system, and will not give or accept bribery to get things done, unlike in other countries.  The city-state does have an aggressive Corrupt Practices Investigation Bureau; professional courts and a ruthless, relentless emphasis on efficiency and results.There’s an old saying in Asia that the real money is in government. Not the paychecks, but the kickbacks. Singapore  pays its government well so that does not happen.

The Netherlands is always in the top ten. When economic freedom exists, it comes with  very little corruption.  The country has established strong pillars—an independent judiciary, effective anti-corruption mechanisms and a culture of trust—that all combine to create a society where corruption is not considered a serious problem.

Corruption does not constitute a problem for businesses in Luxembourg. The country has a strong legal framework to curb corruption, and anti-corruption laws are effectively enforced. It is not perfect but still better than most of the world.

Canada ranks tenth  this year and is still one of the least corrupt countries. It is the least corrupt country in the Americas which includes the United States. It does not mean that there is no corruption, only less than other countries.

Fly safe,

JAZ

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